AVANTIFEEDNSEAvanti Feeds LimitedMediumNeutral
Announced Mon, 2 Mar · 18:54 IST

Avanti Feeds Limited has informed the Exchange about Presentation

Mgmt Guided Margin ImprovementInvestor Communications View source PDF

AVANTIFEED · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Avanti Feeds shared its Q3 FY26 and 9M FY26 investor presentation. Q3 consolidated revenue grew modestly 1.3% YoY to Rs 13,835 mn, but profitability improved sharply with EBITDA up 20% YoY to Rs 2,391 mn and margins expanding 270 basis points to 17.3%. Profit after tax rose 16.1% YoY to Rs 1,635 mn, with EPS at Rs 10.96 versus Rs 9.96. The shrimp processing and export segment was the key growth driver, with revenue jumping 36.8% YoY to Rs 4,393 mn and segment EBITDA margins nearly doubling from 8% to 13% on better realisations, favourable forex, and lower ocean freight. The shrimp feed segment, however, saw a 9.6% YoY revenue decline. For 9M FY26, revenue grew 9% to Rs 45,996 mn, EBITDA rose 31% with margins at 16.3%, and PAT grew nearly 30% to Rs 5,179 mn.

Likely market impact

Despite sluggish top-line growth in the feed business, strong margin expansion—driven by the high-value shrimp processing and export segment—signals improved profitability and pricing power. Shareholders can view this as a positive earnings print, though the weakness in shrimp feed volumes is a watchpoint.